ONWARDTEC NSE filing

Onward Technologies Submits Business Responsibility and Sustainability Report for FY 2025-26

The RealCase readLow impact Neutral

Onward Technologies Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report covers IT services, with 2,359 employees and 28% exports. It details ESG initiatives, risk management for cybersecurity and data privacy, and employee well-being programs. Commitments include a 5% annual carbon footprint reduction and increased ESG training.

Why it matters

This is a standard regulatory disclosure of the Business Responsibility and Sustainability Report. It provides information on the company's ESG practices and commitments but does not contain any material financial or operational news that would significantly impact the company's stock price or business operations in the short term.

The market read

The announcement is a routine regulatory filing of the Business Responsibility and Sustainability Report. While it details the company's ESG initiatives and commitments, it does not contain significant new financial information or strategic developments that would warrant a positive or negative sentiment.

Onward Technologies Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report is a part of the company's Annual Report for the same fiscal year and has been submitted to the Bombay Stock Exchange Limited and the National Stock Exchange of India Ltd.

The BRSR filing, made in accordance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides comprehensive disclosures on the company's environmental, social, and governance (ESG) initiatives and performance.

The report details Onward Technologies' business activities, which are primarily in computer programming, consultancy, and other information technology-related services, accounting for 100% of its turnover. The company specializes in digital and engineering research & development (ER&D) services for global clients across various sectors, including Industrial Equipment, Off-Highway, Energy, Data Centers, Automotive, Rail Transportation, Healthcare, and Life Sciences. The company operates through 7 offices nationally and 5 internationally, serving markets in 4 countries nationally and 5 countries internationally, with exports contributing 28% of its total turnover.

As of the end of FY 2025-26, Onward Technologies had 2,359 permanent employees, with 1863 males and 496 females. The report also highlights the company's commitment to CSR, with a turnover of ₹41,677.36 Lakhs and net worth of ₹21,390.70 Lakhs. It details the company's grievance redressal mechanisms for various stakeholders, including investors, shareholders, employees, and customers, reporting minimal complaints filed and pending resolution for FY 2025-26.

The BRSR further elaborates on material responsible business conduct issues, identifying risks and opportunities in areas such as cybersecurity, data security, quality of services, corporate governance, employee well-being, talent management, diversity, equity, and inclusion, as well as environmental aspects like energy efficiency and water management. The company has implemented various policies and frameworks to mitigate these risks and capitalize on opportunities. Specific commitments for the fiscal year include increasing training programs on ESG aspects, enhancing community engagement, minimizing carbon footprint by 5% annually, and improving water and energy conservation initiatives. The company is also utilizing wind power as its source of electricity.

Filing to action

What to do with a filing like this

Onward Technologies Limited filed this with the NSE as a statutory disclosure, categorised under business responsibility and sustainability report (brsr). It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Onward Technologies Limited. Read the original for the full detail.

View original filing